A live archive of receipt-bound excerpts from company earnings calls. No generated thesis, no recommendation — just the recorded language, its source coordinates, and a direct path into the ticker dossier or live Terminal.来自公司财报电话会的可追溯摘录档案。没有生成式投资结论，也没有推荐——只有原始表述、来源坐标，以及进入个股档案或实时终端的直接入口。
Start free in Terminal免费开始使用终端649 verified call records份已核验电话会记录 · 7788 exact facts条精确事实 · 2026-10-26 → 2026-11-01
Browse the full archive page by page. Search on this page by ticker, period, category, or speaker; every card preview is a verbatim call excerpt.分页浏览完整档案。在本页按代码、期间、分类或发言人搜索；每张卡片预览均为电话会原文摘录。
Showing records 865–960 of 6702.显示第 865–960 条，共 6702 条。
“For the full year, we expect revenue in the range of $2.53 billion-$2.61 billion, adjusted operating income between $500 million and $530 million, capital expenditures between $70 million and $80 million, and an effective tax rate between 24% and 26%.”
“We now expect to generate a net interest margin of approximately 3% in the fourth quarter of 2026, reflecting average earning asset growth of approximately $1.5 billion-$2 billion from the third quarter.”
“With that said, we reiterate our FY 2027 outlook that implies accelerating constant currency subscription revenue growth at the midpoint and healthy earnings per share growth.”
“On our last call, we forecast non-GAAP gross profit margin to be within a range of 68% and 69% of revenue, including an estimated 100 basis point impact from tariffs as well as related refunds.”
“Finally, on slide 19 of the earnings deck, you'll see our forward guidance for both fourth quarter and full year 2026.”
“Beginning in the second quarter of 2027, we expect non-interest expense to reflect a typical annual increase of approximately 4% to 5%, primarily driven due to annual merit increases and other investments.”
“Operating profit grew 46% to $367 million, with a 49.2% operating margin of 520 basis points as volume and mix more than offset higher royalty expense and the step-up in marketing behind our upcoming video game launches.”
“In our C&P division, we expect Q4 revenue to increase 3%-5% and operating margins to improve 75-125 basis points.”
“As we detailed in our press release this morning, with three quarters of 2026 now complete, we are narrowing the range of our guidance for 2026 adjusted earnings per share.”
“Having worked through much of that pressure, we are solidly back within our 8%-10% margin target, a clear marker of the progress the team has made.”
“Operating profit was $3 billion, up 30%, and margins increased 220 basis points to 22.5%, driven by services volume, productivity, and price, partially offset by inflation.”
“As you think about the outlook ahead, I know it's a little early to start talking about 2027, but based on your pipeline for investments and kind of just outlook for revenue growth, do you think that your investments should enable a continuation of the positive operating leverage we are poised to see for this year?”
“As we think about the range of outcomes for NII in the fourth quarter, you are pointing to an expectation of a flat margin, and the loan growth outlook suggests somewhere between $0.5 billion and $1.5 billion of additional loan growth in the fourth quarter.”
“Given our strong ex-FICO third quarter EBITDA margin performance of up 130 basis points from operating leverage, cost management, and AI productivity, we are raising our full-year EBITDA margin guidance from up 75 basis points to up 100 basis points, or double our long-term framework of 50 basis points, despite the negative about $80 million impact on revenue from the weaker U.S.”
“With year-to-date growth standing at close to 6%, we remain confident in the outlook for beverage can demand with our full-year global growth target in the 4%-5% range.”
“Loan growth and pipelines are tracking well with our expectations, and our growth guidance remains over 10%.”
“Reported FTE net interest margin declined six basis points to 3.88% as funding costs increased, but FTE net interest income rose $3.4 million as loan growth and accretion income more than offset those pressures.”
“Despite an evolving rate environment, with fed funds expected to end the year roughly 100 basis points above our January guidance assumption, as well as acute lease residual pressures throughout the year, we continue to expect NIM to remain within our initial guide and are now expecting full-year NIM to fall between 3.6% and 3.65%.”
“Even with this growth, leverage increased only modestly to 7.9x tangible equity at quarter end from 7.4x as of Q2.”
“Can you just remind us, if we're now, say, modeling MXN 18 or MXN 18.5 instead of MXN 17, how that impacts your revenue costs and margins?”
“Then the interest rate hedging business that we have, which is about a $30 million-ish revenue business just on interest rate hedging for our clients, as rates continue to go up, that could actually be impacted some, although we haven't seen too much weaknesses there.”
“Record third quarter underwriting profit of $296 million, combined with double-digit growth in the core investment portfolio, resulted in operating earnings of $456 million or $1.17 per share.”
“So, we expect, they probably have $200 million in the pipeline for the remainder of the year, and I would anticipate them trying to get to break even by the first or second quarter of next year in terms of the fairly sizable overhead that we have.”
“Revenue increased 9% sequentially from the first quarter, reflecting our typical seasonal increase in activity.”
“As a result, average short-term investments rose $3.1 billion and reduced net interest margin by approximately 4 basis points but had no material impact on NII.”
“Trevor, I would say the way the mortgage market is priced today, the level of extension on the margin for the next 25, 50, 100 basis points is very limited because we have extended 90% already, right?”
“On a linked quarter comparison, the margin was benefited from a 2 basis point improvement with loan rates, a 3 basis point improvement with investment yields, a 1 basis point decrease with borrowing rates, and then impacted by a 6 basis point increase in the cost of deposits and 3 basis points for day count.”
“Our outlook for fixed income NII in the fourth quarter, including earnings from short-term securities, is up slightly from the outlook we provided a quarter ago, now expecting approximately $875 million after tax in Q4, bringing the full year 2026 total to $3.3 billion.”
“Excluding the impact of the investment securities losses and the RAC loan sale, we expect adjusted non-interest income to increase about 5% in the fourth quarter versus the third quarter of 2026, resulting in about 10% growth in adjusted non-interest income for the full year.”
“As we look at the 8 basis point growth linked quarter, about half of that was from de-leveraging and about half of that was from core strategy around profitability, all the back book repricing and all of those things.”
“In line with the outlook we provided in July and September, net interest margin was 3.65%, down 5 basis points from the prior quarter, mostly reflecting those same factors that impacted NII.”
“We haven't given exact volumes for all of our contracts, but between the LOIs that we have signed and the contracts that we have signed and the commitments we have today, we are over a threshold of 50% of the facility sold.”
“On the consumer side, with long-term rates pushing up higher, home equity demand was very strong with approximately 12% annualized growth for the quarter, while residential mortgage activity remains challenged.”
“Our operating margin expanded to 37.2%, reflecting the benefit of higher revenues and controlled expenses, demonstrating the operating leverage inherent in our business model.”
“That still creates a very positive dynamic around overall revenue growth, positive operating leverage, strong EPS growth, and ROTCE improvement in getting us to that 16%-18%.”
“In terms of the guidance, like Srini said, we expect our revenues to be in the range of $2.571 billion-$2.625 billion, which translates to a sequential guidance of -1.5% to +0.5% in constant currency terms.”
“We now expect to deliver approximately 300 basis points of positive operating leverage for the full year, or approximately 400 basis points excluding the impact from BTIG.”
“Net interest revenue grew 14% year-over-year to nearly $3.5 billion, reflecting sustained interest in our secured lending programs, including margin loans and the Bank's Pledged Asset Line.”
“In regard to loans overall, spot loans grew $11 billion in the quarter, contributing to the strong loan growth we've had throughout the year, all of which substantially exceeded what we expected at the beginning of the year.”
“Putting it all together, we expect net earnings to range between $4.05 and $4.15 per share, and core FFO is expected to range between $6.25 and $6.29 per share, both with and without promotes.”
“For the full year, we continue to expect underlying revenue growth similar to the levels we generated in 2025, along with another year of margin expansion, solid adjusted EPS growth.”
“Walking from our guidance midpoint of $1.01, our results included better operational performance of $0.01 and a slightly higher weighted average shares in the quarter due to dilution associated with the increase in the share price, which had a -$0.01 impact.”
“Our sales pipeline across Final Mile remains encouraging, and we continue to have conversations with both new and existing customers around new opportunities as we work to offset as much of our previously disclosed $90 million revenue headwind.”
“Execution and clearing costs were 17% of commission revenue in the third quarter for a gross transactional profit margin of 83%.”
“Overall asset quality remains solid, and while non-performing loans increased 11 basis points quarter-over-quarter, that increase is due to one CCFG loan that we expect to be resolved in this quarter, and Chris is on the call to provide more color on that.”
“We shared some refinements to our 2026 outlook that include the impacts of the expected mortgage transaction, as well as the revenue impacts from the current rate environment.”
“Sorry, you will hate this question, but if you would see 2027 and if you didn't do anything or be successful in mitigating the component price increase, how much would that impact the gross margin if 2027 would be this transition year that you talked about earlier?”
“For the full-year, core EBITDA increased to approximately $1.4 billion, up from $837 million for fiscal 2025, while core EBITDA margin expanded 380 basis points to 14.5%.”
“I think you'll hopefully see a steady similar to what we typically do, and as you just referenced, a 5% mid-single digit to low double-digit company-wide growth.”
“On the back of another strong performance in the third quarter, and with only 2.5 months left in the year, we are once again raising our outlook for growth and operating leverage in 2026.”
“In the alumina segment, third-party revenue increased by 7% to $680 million, resulting from higher realized alumina prices and higher alumina shipping volumes.”
“Annual recurring revenue increased 8% year-over-year to $442 million, while new bookings totaled $14 million, driven by both new client wins and expanded relationships with existing clients.”
“So yes, you would, on a year-over-year basis, typically expect a starting point of a 50-60 basis point headwind on our gross margin.”
“We still expect to hit that full-year revised NII growth guidance of approximately 8%.”
“Gross margins expanded 80 basis points, adjusted diluted EPS increased 29%, and we generated $102.8 million of operating cash flow.”
“Installed base management sales for the quarter were EUR 3.3 billion, exceeding our guidance by almost EUR 0.4 billion, primarily due to the strong demand for our productivity upgrade products in both EUV and Deep UV.”
“While full-year revenue-related expenses are expected to be approximately $400 million above our original expectations, driven by strong business growth in equity markets, our ongoing focus on improving efficiency is generating more savings across the company, allowing us to offset the higher revenue-related expense.”
“On expense, we expect the fourth quarter to be about $27.5 billion, with the implied full year increase reflecting higher volume and revenue-related expense, driven by continued elevated activity levels.”
“With sales in the quarter of more than $25 billion, we are on track to meet our guidance and exceed $100 billion in annual revenue for the first time in our company's 140-year history.”
“Moving to page four, advisory revenues of $1.7 billion reached a quarterly record and rose 18% year-over-year, driven by higher volumes.”
“Excluding those items, core margin declined approximately seven basis points from 3.95% to 3.88%, primarily reflecting continued industry wide deposit pricing pressure.”
“We now expect 125-150 net new stores in the U.S., reflecting increased pressure on our development pipeline from the macroeconomic environment and year-to-date pressure on franchisee profitability, which we are working to stabilize and return to growth.”
“We expect to deliver an ROTCE above 11% for the full year, supported by NII ex-Markets growth in the mid to high 6% range, and continued NIR ex markets growth driven by fee momentum in Services, Banking, and Wealth, partially offset by USCC.”
“E-commerce sales increased 11%, reflecting continued customer adoption of our offerings, with overall digital penetration increasing to 10.5%.”
“While net sales grew nicely in the fourth quarter compared to the prior year, gross profit as a percent of sales or gross margin was under pressure and remained steady at 27.8%.”
“To date, our signed LOIs across all customers account for potential purchases of up to 200 X7s, including options with more than $1 billion in indicated potential sales value.”
“Combined with our revenue outlook, we expect fourth quarter earnings of $1.15-$1.65 per share and an operating margin of 7%-9%.”
“We expect continued sales growth coupled with our growing backlog to produce double-digit growth for GES in FY 2027.”
“Looking into fiscal year 2028, do your latest customer schedules support faster sales growth than this year, or should investors lower their growth expectations for that year as well?”
“Just as we look out to 2027, I know you won't give guidance, but just some of the key buckets, the margins as we look out to 2027, reinvestment to reinvigorate North American volumes, commodity pressure, given that's a big change for Q4, any incremental cost savings thoughts, those would all be helpful just conceptually for 2027.”
“As such, we have increased our 2026 corporate G&A guidance by $11.5 million-$31.2 million to support the completion of the transaction to acquire 100% of Donlin Gold.”
“We will begin with an overview of our business, followed by an executive summary, our consolidated results for the first half of FY 2026, progress on our growth strategies, our consolidated financial position, and our full-year outlook.”
“Adjusted EBITDA increased $13.2 million, and adjusted EBITDA margin improved by 280 basis points, primarily driven by the favorable impact of tariff refunds, net of higher tariff costs, lower overall retail trade and promotional expense, and the impact of favorable operating leverage, partially offset by an increase in personnel expense, higher packaging-related costs, inflationary product cost pressure, increased marketing expense, and less favorable inventory obsolescence expense year-over-year.”
“Adjusted gross margin was approximately 65%, up from 62% in Q2 and roughly 500 basis points above last year, well ahead of the approximately 62% level we said we expected to hold through year-end.”
“We expect gross margin to be higher in the first half of fiscal 2027 than in the second half, and we remain on track for full year gross margins to be within our guided range of 54%-55%.”
“Direct sale volumes increased 3%, while toll volumes declined 8%.”
“On the point around Veracruz, I appreciate the opportunity to clarify that we expect to put Veracruz in service in the beginning of our fiscal 2028, and the depreciation and impact on margins that I articulated will start to occur when we put that in service, and again, that is in fiscal year 2028.”
“One, market stability, healthy pipeline, outlook for portfolio growth, some slight widening in spreads, plus base rates up.”
“We expect gross margin to be between 36%-37%, reflecting the impact of the Thanksgiving holiday in the second quarter.”
“For the fourth quarter, we expect reported net revenues to be approximately 3% and organic net revenues to be approximately 4%, with the difference reflecting the impact of foreign exchange.”
“Data center rental and other cost of revenues was $43.9 million, primarily due to $22.4 million in depreciation and amortization expense on our operational AI factories at our Polaris Forge 1 campus, $13.3 million in expenses which are reimbursable as tenant recoveries, and $7.8 million in personnel and other operating costs supporting our facilities.”
“Slide five highlights emerging markets generating more than 20% revenue growth, fueled by demand for engineered solutions for high-performance buildings and infrastructure.”
“For the full year, net sales were $1.73 billion, up 26% versus fiscal 2025, while diluted earnings per share increased 51% to $2.87, roughly twice the rate of net sales growth, demonstrating the operating leverage in our model.”
“Our Animal Safety segment delivered $59.6 million in revenue, with core growth of 8%, including a benefit of approximately 100 basis points from the timing of certain customer orders.”
“Price mix reflects equal parts price and mix, including the impact of carryforward targeted pricing we implemented in fiscal 2026, as well as ongoing mix shifts with growth in multinational chains and private label offerings.”
“Adjusted EBITDA margin increased to 12.7% from 12.4% a year ago, driven by favorable price, productivity improvements, Fortify Phase Two cost savings, and the accretive impact of the Kalwall acquisition.”
“We expect initial production revenue from QS7001 and QVault TPM in the fourth quarter of 2026, with larger contribution expected to begin in 2027, subject to the normal risks associated with production ramp-up and customer deployment.”
“We expect initial production revenue from QS7001 and QVault TPM in the fourth quarter of 2026, with larger contribution expected to begin in 2027, subject to the normal risks associated with production ramp-up and customer deployment.”
“We expect those actions will create pressure on reported revenues for the remainder of fiscal 2027 and into 2028.”
“Whereas royalties increased 70% to $3.1 million, reflecting higher revenue and the higher royalty rate that has applied since January 1, 2026, when the gold price exceeds $5,000 per ounce.”
“As previously noted, at close of Unilever Foods, we expect to have industry-leading operating margins of 21% and working capital benefits that support 100% free cash flow conversion from net income before any synergies.”
“ABL sales of $959 million, decreased $3 million or less than 1% versus the fourth quarter of fiscal 2025, when we were working through an elevated backlog that resulted from orders accelerated in advance of price increases during the back half of fiscal 2025.”
“Full-year revenue was $74.2 billion, with growth of 5% in local currency, reflecting approximately 3% organic growth.”
“Operating margins were exceptionally strong again, coming in at 43%, while earnings per share increased 13% to $1.69, exceeding the high end of our guidance.”
“On that revenue base, we expect core operating margin of 6.1%, an improvement of 30 basis points, and core diluted earnings per share of $17.55, up about 34%.”
“Our adjusted operating income was $855 million, representing a 34.5% margin, approximately 180 basis points below 2025 and within our guidance range.”
Try a ticker, period, category, or a call speaker.请尝试代码、期间、分类或电话会发言人。
This is a transcript-only, historically incomplete publication. Releases, filings, slides, consensus and price reaction are visibly marked as not joined; lower-evidence packets remain held instead of being inferred.这是仅基于电话会文本且历史覆盖尚不完整的发布。新闻稿、披露文件、演示材料、一致预期和股价反应均明确标注为未接入；证据不足的数据包会被暂缓，而非由推断补齐。